Gmail - Mattera, Buchanan: The 'stay in your parents' basement' Obama budget - flyaway.jack@gmail.com

Gmail - Mattera, Buchanan: The 'stay in your parents' basement' Obama budget - flyaway.jack@gmail.com

Mattera, Buchanan: The 'stay in your parents' basement' Obama budget

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Daily Events HumanEventsDaily@email.humanevents.com	1:34 PM (4 hours ago)
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Tuesdays with Jason Mattera 02.14.12 Today's Sponsor "But all of you are here because you believe in yourselves, you believe in your ability, you believe in the future of this country. [And that's why I'm going to propose a budget that will increase our nation's debt by such an unseemly amount, it will suffocate you and your children and your children's children. Pretty much your entire legacy will be wiped out in red ink.]" The first sentence was President Obama speaking to students at a northern Virginia community college yesterday as he released his 2013 budget. The follow-up sentence is what he should have added because that is exactly the consequence his policies would have, if enacted, on every college student in the audience. Let's break out the calculator. Obama's budget projects a $1.33 trillion deficit in 2012. If that number sounds familiar, it should. The deficit in 2011 was a similar $1.30 trillion, which comes in slightly higher than the $1.29 trillion deficit in 2010. But I guess we should all be thankful because each of those three numbers are well below the record-breaking $1.4 trillion deficit in 2009. In other words, Obama has given this country not only the first-ever trillion dollar deficit; he's given us four straight years of them. Not surprising, however. While this administration blames "tax cuts for the rich" on our uneven balance sheet, the truth is that, under Obama, federal spending has spiked 27 percent. Click here to read how the Obama administration's spending policies are making today's youth the most indebted generation in history. —Jason Mattera Obama adviser dreams of a Global Minimum Tax John Hayward There must be no escape from the State... Read More CPAC: Not quite like the Media Matters communications room Erick Erickson But still, grow up... Read More Republicans reject Obama budget as gimmicks, tricks and higher taxes Audrey Hudson "This is not a fiscal plan to save America... it's a political plan for the president's reelection," says Rep. Paul Ryan... Read More On to Tehran -- or is it Damascus? Patrick Buchanan Unlike Egypt's Hosni Mubarak who buckled, broke and departed after three weeks of protests, Bashar al-Assad is not going quietly... Read More Syrian residents say they're bracing for full-blown war Read more from CNN ObamaCare endangers human life Read more from Human Events Bad news for Barack Obama -- the culture war is back Read more from The Telegraph February 14, 1929 Saint Valentine's Day Massacre On this day in 1929, Al Capone's gang put a hit on a rival Irish gang, killing seven mobsters in a North Side of Chicago neighborhood. The massacre brought increased attention by the federal government to the violence going on in Chicago, which ultimately led to Capone's downfall.

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